Australia HIA New Home Sales (MoM) fell from previous 3.3% to 0% in September
Oct 30, 2014
AUD/USD: Bearish engulfing day, downside risks building up
AUD/USD sell-off initiated post FOMC accelerated once again around the Tokyo open, sending the Aussie to a new low at $0.8760 as the market re-prices the chances of an early tightening cycle by the Fed.
ANZ reviews today's RBNZ policy decision, noting that the statement suggests the tightening cycle is close to an end, adding that the next rate hike is not expected until December 2015, although it will be highly data dependent.